Posts tagged Save
New Appliances That Can Save You Space!
Jun 26th
When it comes to refrigerators and microwaves, most kitchens are stuck with the old standbys: traditional bulky appliances. Of course, the old fridge is less costly and completely functional. However, it does tend to use up valuable kitchen real estate.
Over the years a lot of thought has gone into new designs that can help you free up some of that space. Integrating appliances into the design of your kitchen can maximize your work area, so that cramped becomes elegant. If you are in need of a space saver, one of these new appliances might be for you.
Several manufacturers have started making appliances specifically for condos and tight living quarters.
Kitchens in small condos and apartments could benefit from items such as under the counter ice makers, refrigeration units, and other appliances. A two drawer fridge the size of a dishwasher might be all that one or two people require. The spot that used to be reserved for a full sized fridge can now be allocated to a pantry or more cabinets and counter top.
Colorado Springs Real Estate: Short Sales Save the Day
Mar 10th
Short Sales are the hot real estate topic in Colorado Springs.
Faced with foreclosures, banks and homeowners are working with industrious market professionals to sell property at lower costs.
If a homeowner is behind on payments and is in danger of foreclosing, a realtor can assuage the situation with a short sale.
Short sales are tricky, though. According the Colorado Springs Business Journal, it takes a dedicated, savvy realtor to complete the process.
The article reports:
There are several keys to the process, but one of the most important is to contact the borrower’s lender. That’s a lot easier when the lender is local. Otherwise, you end up spending hours trying to track down loan information — and even more to get current home values, public records or to work through loan serving companies.
Short sales are an alternative to foreclosure. They sell property for less than what is owed by the homeowner. They offer the lender roughly 80% of the property’s value, which, obviously, is better than losing out completely.
A foreclosed home faces challenges. Banks need to reestablish its value. If the home is damaged, they need to pay for repairs. Broker commissions are often high, and it may takes many months or even years to sell the property again.